Merit Medical Systems India Private Limited

Sells and distributes medical devices according to annual reports.

2012 | Bengaluru, Karnataka (India) | Active
Last Updated:

Merit Medical Systems India Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 0.82 M
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.50 M
  • Revenue Growth 65.10%
  • Profit Growth 759.57%
  • Ebitda -145.74%
  • Net Worth 33.69%
  • Total Assets 56.43%

About Merit Medical Systems India

Merit Medical Systems India Private Limited (MMSIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 29 February 2012 and has a history of 13 years and two months. Its registered office is in Bengaluru, Karnataka.

The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 0.82 M.

The company currently has active open charges totaling ₹1.50 M.

Kathirvelu Balasubramaniyan, Brian Lloyd, and Joseph Wright serve as directors at the Company.

Company Details

  • Location Bengaluru, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85100MH2012FTC227516

  • Company No.

    227516

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    29 Feb 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Healthcare
Company report

Merit Medical Systems India Private Limited

Explore comprehensive data for Merit Medical Systems India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Merit Medical Systems India?

Board Members (3)

NameDesignationAppointment DateStatus
Kathirvelu Balasubramaniyan Country flag representing In Whole-Time Director 06-Dec-2017Current
Joseph Wright Country flag representing Us Director 21-Aug-2018Current
Brian Lloyd Country flag representing Us Director 21-Aug-2018Current

Financial Performance of Merit Medical Systems India.

Merit Medical Systems India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 65.1% increase. The company also saw a substantial improvement in profitability, with a 759.57% increase in profit. The company's net worth Soared by an impressive increase of 33.69%.

Merit Medical Systems India revenue growth over time
Merit Medical Systems India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
65.10%
Revenue from Operations
65.09%
Total Assets
56.43%
Profit or Loss
759.57%
Net Worth
33.69%
EBITDA
-145.74%

What is the Ownership and Shareholding Structure of Merit Medical Systems India?

In 2019, Merit Medical Systems India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2023The Hongkong And Shanghai Banking Corporation Limited₹1.50 MOpen

How Many Employees Work at Merit Medical Systems India?

Merit Medical Systems India has a workforce of 18 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Merit Medical Systems India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Merit Medical Systems India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Merit Medical Systems India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Merit Medical Systems India

Recent activity within the organization

  • Annual General Meeting

    Merit Medical Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Merit Medical Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.50 M with Charge ID 100790204 was registered on 29 Jul 2023.

  • Director Appointment

    Brian Glen Lloyd was appointed as a Director was appointed as a Director on 21 Aug 2018 & has been associated with this company since 6 years 8 months .

  • Director Appointment

    Joseph Clark Wright was appointed as a Director was appointed as a Director on 21 Aug 2018 & has been associated with this company since 6 years 8 months .

  • Director Appointment

    Kathirvelu Balasubramaniyan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 06 Dec 2017 & has been associated with this company since 7 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Merit Medical Systems India Private Limited?

    Merit Medical Systems India Private Limited was incorporated on 29 Feb 2012.

  • What is authorized share capital and paid-up capital of Merit Medical Systems India Private Limited?

    The authorized share capital of Merit Medical Systems India Private Limited is ₹ 6.00 M and paid-up capital is ₹ 0.82 M.

  • Who are the current board members & directors of Merit Medical Systems India Private Limited?

    Currently 3 directors are associated with Merit Medical Systems India Private Limited.

    • Kathirvelu Balasubramaniyan
    • Brian Glen Lloyd
    • Joseph Clark Wright
  • What is the registered address of Merit Medical Systems India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Merit Medical Systems India Private Limited is 404 405 4Th Floor H. M. Geneva House, 14 Cunningham Road India, Bengaluru, Karnataka, 560052.

  • What is the corporate identification number (CIN) and company number of Merit Medical Systems India Private Limited?

    The corporate identification number (CIN) of Merit Medical Systems India Private Limited is U85100MH2012FTC227516 and the company number is 227516 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Merit Medical Systems India Private Limited?

    The Official website of Merit Medical Systems India Private Limited is https://www.merit.com

  • What has been the recent revenue trend for Merit Medical Systems India Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Merit Medical Systems India Private Limited has risen by 65.10%.

  • How many employees does Merit Medical Systems India Private Limited currently have?

    As Per 2022 financial reports, 18 employees are currently employed by Merit Medical Systems India Private Limited.

  • What change has been observed in the net worth of Merit Medical Systems India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Merit Medical Systems India Private Limited has experienced an upsurge of 33.69%.

  • What are the total open charges for Merit Medical Systems India Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Merit Medical Systems India Private Limited amount to ₹ 1.50 M.

  • When was the last Balance Sheet of Merit Medical Systems India Private Limited filed with the ROC?

    The most recent Balance Sheet for Merit Medical Systems India Private Limited was filed with the ROC on 31 Mar 2024.

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